ECU Silver Mining, Inc.

ECU Silver Mining, Inc.

February 24, 2005 11:41 ET

ECU Silver Mining Inc.: Press Release-Update of Mill Expansion


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ECU SILVER MINING, INC.

TSX VENTURE SYMBOL: ECU

FEBRUARY 24, 2005 - 11:41 ET

ECU Silver Mining Inc.: Press Release-Update of Mill
Expansion

TORREON, COAHUILA--(CCNMatthews - Feb. 24, 2005) - ECU Silver Mining
Inc. (TSX VENTURE:ECU)

ECU Silver Mining Inc. (the Company) wishes to report on the status of
the Phase II expansion program at its Velardena mill site.

The work in progress is going at a better than expected rate and
scheduled start-up of the expanded mill is slated for Friday of next
week.

The Company expects that upon start-up, the initial feed rate of the
mill will be approximately 240 tpd, which is a 33% increase over the
current average feed rate of approximately 180 tpd. The Company plans to
increase the feed rate on a weekly basis for an anticipated two to three
month period and the Company expects that the mill will be optimized to
a maximum capacity of between 320 tpd and 340 tpd, therefore nearly
doubling the mills output.

Cash-flows will be positively impacted from the added sales of
concentrate. The Company anticipates that the termination of the
expansion program will go a long way towards allowing it to reach
profitability. Production summaries will be published as they become
available.




Head Office
Rouyn-Noranda
Quebec, Canada
J9X 7C8
Tel: (819) 797-1210
Fax: (819) 797-1214


Mexico Office
J. I. Jimenez 663
colonia Los Angeles
Torreon, Coahuila,
Mexico, 27000
Tel: (01152)-871-717-8633
Fax: (01152)-871-718-5025



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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    ECU Silver Mining, Inc.
    Richard Hamelin
    (416) 907-0788
    ecu@ecu.ca
    www.ecu.ca